SOLD
Sold on 29 Feb 2024 for $730,000

55A Peel Street
Redland Bay QLD 4165

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 396m2
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Property Details for 55a Peel St, Redland Bay

55a Peel St, Redland Bay is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 396m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 6 bedroom House sold in Redland Bay in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
156m2
Land Size
396m2
Local Government
Redland
Lot/Plan
267/SP302101

Last Listing description (November 2023)

Phone Enquiry ID: 225257

COUNCIL APPROVED 3 BEDROOM HOUSE UP AND 3 BEDROOM HOUSE DOWN $1200 PER WEEK LEASE AVAILABLE IF REQUIRED

OR VACANT POSSESSION IF PREFERRED

THIS DUAL LIVING PROPERTY WITH TOTAL OF 6 BEDROOMS HAS NEW PAINT, CARPETS, LIGHT FITTINGS

PRIME REDLAND BAY LOCATION
500 METRES TO REDLAND BAY SHOPS
500 METRES TO REDLAND BAY TAVERN
500 METRES TO CITY CENTRE

WITH A RECREATION PARK RIGHT ACROSS THE ROAD

CLOSE TO SCHOOLS KINDERGARTEN AND CHILDCARE

# UPSTAIRS CONTAINS ITS OWN KITCHEN, 3 BEDROOMS, BATHROOM, LIVING & DINING AREA, AND LAUNDRY

# DOWNSTAIRS ALSO CONTAINS ITS OWN KITCHEN, 3 BEDROOMS, BATHROOM, LIVING & DINING AREA AND LAUNDRY

EACH HOUSE HAS TOTALLY SEPARATE ENTRY AND EACH HOUSE IS TOTALLY SELF CONTAINED

FULLY FENCED FLAT BLOCK WITH VEHICLE ACCOMMODATION FOR 5 VEHICLES AND FURTHER ACCESS TO THE LARGE YARD WHICH WILL ALSO COMFORTABLY ACCOMMODATE YOUR BOAT CARAVAN OR MORE VEHICLES IN THE LARGE YARD

2 BUS STOPS RIGHT OUT THE FRONT DOOR TO TAKE YOU IN ANY DIRECTION NORTH OR SOUTH

THIS 6 BEDROOM PROPERTY HAS THE ABILITY TO ACCOMMODATE ANY FAMILY STRUCTURE

MANY OPTIONS

#YOU COULD LIVE IN ONE 3 BEDROOM HOUSE AND HAVE SOMEONE ELSE PAY OFF YOUR PROPERTY BY RENTING THE OTHER 3 BEDROOM HOUSE

# YOU COULD KEEP THEM BOTH RENTED OUT FOR $1080 PER WEEK WITH THE CURRENT 12 MONTH LEASE

# OR YOU COULD LIVE IN BOTH HOUSES AND HAVE 6 BEDROOMS TO ACCOMMODATE YOUR FAMILY AND FRIENDS

THE HOUSE IS AIR CONDITIONED
AND IS IN CLOSE PROXIMITY TO THE REDLAND BAY GOLF COURSE,
THE POPULAR REDLAND BAY HOTEL, LOCAL SHOPS AND SCHOOLS WHILE WITH PARK ACROSS THE ROAD MAINTAINING THE LAID BACK LIFESTYLE IN THE REDLAND BAY AREA.

Property History for 55a Peel St, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$730,000
29 Feb 2024
Listed for Rent
$490/w
15 Nov 2023
  • 29 Feb 2024
    Sold for $730,000
  • 09 Aug 2023
    Listed for Rent $490 / week
  • 21 Oct 2021
    Listed for Sale Submit All Offers

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About Redland Bay 4165

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of total area. The population of Redland Bay in 2011 was 13,625 people. By 2016 the population was 14,971 showing a population growth of 9.9% in the area during that time. The predominant age group in Redland Bay is 40-49 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation. In 2011, 72.6% of the homes in Redland Bay were owner-occupied compared with 73.2% in 2016.

Redland Bay has 7,912 properties. Over the last 5 years, Houses in Redland Bay have seen a 74.06% increase in median value, while Units have seen a 39.67% increase. As at 30 September 2024:

  • The median value for Houses in Redland Bay is $951,701 while the median value for Units is $708,898.
  • Houses have a median rent of $695 while Units have a median rent of $505.
There are currently 104 properties listed for sale, and 22 properties listed for rent in Redland bay on OnTheHouse. According to CoreLogic's data, 590 properties were sold in the past 12 months in Redland bay.

Suburb Insights for Redland Bay 4165

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.